In practice, distribution under socialism is primarily determined by:
A) individual altruism and cooperation.
B) the ability of each individual to produce.
C) central planners within the government.
D) market forces of supply and demand.
Correct Answer:
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Q29: Suppose that at the current price, waffle
Q30: In the mercantilist system:
A) markets, rather than
Q31: Market and socialist economies can be contrasted
Q32: In socialism:
A) economic forces do not operate.
B)
Q33: Through most of the 20th century in
Q35: A socialist economy in theory:
A) requires private
Q36: Socialism in theory is based on the
Q37: In the former USSR, state planners decided
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Q39: During the Industrial Revolution:
A) feudal lords lost
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